Nucor (NYSE:NUE) EVP Thomas Batterbee Sells 2,000 Shares

Nucor Corporation (NYSE:NUE) EVP Thomas Batterbee sold 2,000 shares of the business’s stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of $165.28, for a total value of $330,560.00. Following the transaction, the executive vice president owned 17,952 shares of the company’s stock, valued at $2,967,106.56. The trade was a 10.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Nucor Stock Down 0.5%

Shares of Nucor stock traded down $0.91 on Monday, hitting $165.45. The company had a trading volume of 630,146 shares, compared to its average volume of 2,129,188. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.77 and a quick ratio of 1.51. The firm has a market capitalization of $37.86 billion, a P/E ratio of 23.24, a P/E/G ratio of 1.31 and a beta of 1.85. The stock has a 50-day moving average of $153.49 and a 200-day moving average of $143.87. Nucor Corporation has a twelve month low of $97.59 and a twelve month high of $168.07.

Nucor (NYSE:NUE) last announced its earnings results on Monday, October 27th. The basic materials company reported $2.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.30 by $0.33. Nucor had a return on equity of 7.80% and a net margin of 5.18%.The business had revenue of $8.52 billion for the quarter, compared to analyst estimates of $8.27 billion. During the same quarter last year, the firm earned $1.49 EPS. Nucor’s revenue for the quarter was up 14.5% compared to the same quarter last year. Nucor has set its Q4 2025 guidance at -2.630 EPS. Research analysts predict that Nucor Corporation will post 7.64 earnings per share for the current year.

Nucor Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 11th. Stockholders of record on Wednesday, December 31st will be issued a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, December 31st. This is a positive change from Nucor’s previous quarterly dividend of $0.55. Nucor’s payout ratio is currently 30.90%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of NUE. Ieq Capital LLC raised its stake in shares of Nucor by 7.5% during the first quarter. Ieq Capital LLC now owns 2,122 shares of the basic materials company’s stock valued at $255,000 after acquiring an additional 148 shares in the last quarter. Canada Pension Plan Investment Board grew its position in shares of Nucor by 14.7% in the 1st quarter. Canada Pension Plan Investment Board now owns 311,356 shares of the basic materials company’s stock worth $37,469,000 after buying an additional 39,896 shares during the last quarter. Evergreen Capital Management LLC grew its holdings in Nucor by 119.1% in the first quarter. Evergreen Capital Management LLC now owns 8,984 shares of the basic materials company’s stock worth $1,086,000 after purchasing an additional 4,883 shares during the last quarter. Vident Advisory LLC increased its position in Nucor by 136.3% during the 1st quarter. Vident Advisory LLC now owns 18,991 shares of the basic materials company’s stock valued at $2,285,000 after buying an additional 10,953 shares in the last quarter. Finally, Calton & Associates Inc. purchased a new position in shares of Nucor in the first quarter worth $1,051,000. Hedge funds and other institutional investors own 76.48% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on NUE shares. Morgan Stanley boosted their price target on Nucor from $152.00 to $165.00 and gave the company an “overweight” rating in a research note on Tuesday, October 28th. Citigroup raised their price objective on Nucor from $150.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. UBS Group upped their target price on shares of Nucor from $165.00 to $168.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Nucor in a research report on Wednesday, October 29th. Finally, The Goldman Sachs Group upped their target price on Nucor from $173.00 to $182.00 and gave the stock a “buy” rating in a research note on Wednesday, November 12th. Nine research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $172.60.

Nucor Company Profile

Nucor Corporation (NYSE: NUE) is an American steel producer headquartered in Charlotte, North Carolina. The company is primarily engaged in the manufacture and sale of steel and steel products, operating a network of steel mills, recycling facilities and fabrication plants across the United States and North America. Nucor’s operations emphasize electric arc furnace steelmaking using recycled scrap metal, which supports a decentralized, mill-based production model focused on efficiency and flexibility.

Product offerings span a broad range of basic and value?added steel items, including sheet, plate, merchant bar, structural beams, reinforcing bar, tubing, fasteners and fabricated components.